Cash Credit
This query is : Resolved
04 July 2008
what financial ratios are used for fixing cash credit limit & what values of these ratios are considered as safe?
04 July 2008
Maximum working capital credit limit is generally fixed on the basis of the following formulla
75% of the value of current assets less current liabilities.
75% of the value of current assets less current liabilities.
04 July 2008
it's nomally 75% of working capital gap
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